{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-001955","form_type":"8-K","ticker":"GTLL","cik":"0000932021","company_name":"GLOBAL TECHNOLOGIES LTD","filed_at":"2022-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:04:10.436208+00:00","generated_at":"2026-06-27T16:41:42.334962+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Global Technologies issues $43,750 convertible note with 39% discount; 286.9M shares reserved","bullets":["$43,750 convertible note issued to Sixth Street Lending, 8% interest, matures Jan 13, 2023; convertible after 180 days at 61% of lowest 10-day bid price.","286,885,245 shares reserved for conversion, representing six times the shares issuable at current conversion price.","Default interest of 22% applies to unpaid amounts; note carries 4.99% beneficial ownership limitation."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-001955","json":"https://secwatch.observer/filing/0001493152-22-001955.json","markdown":"https://secwatch.observer/filing/0001493152-22-001955.md","text":"https://secwatch.observer/filing/0001493152-22-001955.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/932021/000149315222001955/0001493152-22-001955-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/932021/000149315222001955/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T16:41:42.334962+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}